and a great long-term buy. >> stock needs a tune up and insiders are selling. >> thanks for watch have a great weekend. cashin in. >> before the vice-presidential debate. the brawl over the vice-president saying the middle class is getting buried. >> how they can justify raising taxes on the middle class that is buried for the last four years. >> they are buried by regulation and taxes and borrowing and they are buried by the obama administration's economic failures. >> is the republican vice-presidential nominee right? hello, i am cheryl casone and welcome to cashin! we have wayne and johnathon and tracey and along with

lloyd weber. you heard him the middle class getting buried. you agree with that? >> there are so many little taxes that we never paid before. middle class gets slammed by the federal tobacco tax and tax on manufactured drug companies. and any corporate taxes that increased came down to the prucks we purchase and laugh about the tanning tax, but that comes out of the wallets of the middle class . jersey maybe more so. it is money i don't have in the end of the day. >> all right, johnathon, what do you make of this? the last four years middle class and according to mr. biden, that -- >> i reject the notion that it is government's role to help the middle class or any class. joe biden came in years ago

with middle class tax force and by his own admission terribly ineffective and in my opinion offensive. but tracey said taxes are a force and did is a violation of people's rights and that's why paul ryan said growth stagnation and wealth destruction. they will up for everyone despite what the president and his cronies have you believe. >> and british lady, gen, tell mow middle class in england buried in taxes like mr. biden said we are buried here and paul ryan. >> they are buried in the moment. they are dealing with austerit yedebt reduction and so forth. biden and ryan are agreeing. obama hasn't got the middle class out of the hole that happened under george bush's

watch and policies of george bush. but look at the review. broadly obama has sought policies to decrease taxes on the middle class. 16 taxings decreased for maul business and 3600 for the class that are done underneath this president. >> it sounds smart because of the accent. wayne, two examples. taxes that are in place and taxes that are coming in the end of the year and alling the class and behaabout the issue regulation. is that the issue that is burying the middle class. >> regulation is more of the issue. we get the bush tax cut in effect. and the idea that the last four years you have had massive taxings. no they are yet to come. man date for noncompliance in 2014 and cadillac tax in 2018

and special kids in 2013. they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i thought was so interesting about vice-president biden's comments 24 hours before the presidential. but setting up the middle class is effected and that is what mitt romney said middle class is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of

regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult to get. when government steps outside to protect individual rights wealth and destruction for the middle class and everybody else. >> it is all packed down. you know what, anything you do to corporate america hits my wallit. dodd-frank hits my wallet. wayne said we don't have a comprehensive energy policy. gas prices affect my wallet. nothing is contained. my costs are not contained in the last four years and that is an indirect tax. >> exactly john layfield always say it about the energy policy. but wayne, here is the thing. higher gasoline prices and

especially in california, all of that is affecting the middle class and not getting better. it is getting worse over the last several months. >> that's true . tracey mentioned something that is more outrageous. dodd-frank. and congress did not read the bill and have to pass it. this is a friend of mine who applied at a loan in a community bank and here was the response. the guy said here, the interest rate will be prime plus two percent and loan can be said. we will need current financial . finally saying. these terms will be subject to approved by the fdic. the banker is not approved the loan. fdic is the person approving the loan. that is outrageous. >> what is bringing up is the issue of regulation and regulatory involvement of the banking and that is affecting

our middle class . >> it was massive deregulation that caused the crisis in 2008. i am not saying bring back the glass here. canada was the only g-7 country that did not need a bailout. some regulation on wall street and extremely important . important thing to have. >> that hurts the middle class, johnathon. wayne had a perfect example. >> four years on now this government said where does wealth come from? come from government force? hell, get more regulation and more taxs and more government intrusion in private economic life. if you believe it is man's mind trying to make a buck we need less regulation and less taxes . >> it was deregulation causing the crise. >> you say that and it doesn't make it true. >> and no. no. (talking all at once.)

>> excuse me. excuse me. what caused it was not deregulation it was lack of competition and you get rid of glass stigal and it lasted over 60 years and worked but when you got rid of computation and let the big banks get so big. it was too big to exist. >> tracey five seconds real quick again. middle class buried yes or no. >> yes. part of it, too. we can't afford lobbyist and the political book of favors does not benefit us at all. >> tanning tax, people it is horrible. thank you, guys. and you can bet, the vice-president's buried comments will heat up the vice-presidential debate and neal will be there covering it with the biggest and brightest players in business. in and first here on fox business news and here from 8:00 p.m. eastern time .

he's back at it for the final two presidential debates. coming up here. >>i can't take anymore. >> americans are fed up with grid lock in dc and calling for one party to control the entire government but would that prevent our government from parting again? . diagram

>> grid lock, a big topic in the presidential debate this week as a split government continues to grind dc to the halt. 30 years ago, majority of voters said they want one party to control congress and the white house. johnathon you said grid lock is better for the economy . you say that is good you say

in >> the democrats are proudly redistributionist and they wear it on the happenle . they believe in more control and more taxs and government intervention and less property rights. any obstacle to that is a positive and positive to socialism and benefits the economy. what we need for a strong economy is economic freedom. that would be a benefit. but they want to grow government at a slower rate. >> we were looking through history. and look at say, when president bush was in office we had bush tax cuts and a republican congress and look back at bill clinton he had a democratally controlled congress he got things. president obama got stimulus passed . there are examples, but does that help the economy or better off under one party. >> johnathon is saying

something that is fund amam. look ridiculous. this would be a totalitarian government and one party rule all of the time and so they could pass the legislation . get rid of them altogether and have a dictator. congress you have to understand. constitution was drafted by men afraid of government and trying to protect the people from their own government and not giving the government power to do something. but the powers in the constitution are negative to the government so that people will have as johnathon said freedom to do what they want to do. you don't need the other stuff to do that . >> at the same time is it better where we are with the economy now to have one party and at least get something done. it may not be the best thing but something done . >> i think not. i agree with johnathon which is frightening me right now.

in britain it is a parlimentary and possible to force legislation and there is leding to austerit yenow too much too soon. america is brilliant with the checks and balances in place. it is the responsibility to make sure comis not a dirter word. it is allowed. >> guys making a point. 52 percent of the poll say this is the biggest number. 50 percent say one party. >> over the course of my financial journalism career everything changed in the last four year. we don't use fundmental analysis and unfortunately two-party promotes grid lock and the market is fed up with uncertainty. we heard the same thing from market pundits.

once it goes away we'll get back to the race now . unfortunately you have one party in the congress and another party in the white house nothing will get done and all we will be doing is sitting and waiting again. >> johnathon, a problem or not. >> right now the only certainty under the president and democrat is more government and control and regulation and look at the attempts. you are looking at guaranteed freddie, fanny and solyndra and meanwhile the role of government protect us is going un. and why doesn't government get back to what it is supposed to do instead of infringing on rights >> things have change would. we have a great recession not the great depression but it is darn closs and americans are saying they are fed up and want manage done and give me change from somewhere. >> they got that way because

that's what happened. federal government got in the middle and changed it they are the people who are responsible for it. if you didn't have what dodd-frank repeated again. you wouldn't have monopolies and all of the things if the government was not in there. competition. if i had 15 people making a product and selling that product. best product would come out. two or three people doing it that doesn't happen and the federal government is the cause of all of this and not the solution. >> i totally agree. >> they are better off not doing something than doing something wrong. >> wayne, you said the constitution was written by people afraid of the government. they said we should have term limits and unfortunately that is where we are now. >> i got to leave it there, coming up. forget cooler attempts and

heating bills this winter. is the eta turning up the heat on energy companis and the new regulation burning up your household budget? think 10 or 20 pounds of extra weight isn't much? we went to a park and we handed people 10- and 20-pound sandbags. here's what happened. i just truly feel winded. i can feel it in my back. i didn't realize what extra weight on the body feels like. oh, i definitely felt it in my knees. you can easily put 2, 3, 4, or 5 pounds on in a year. woman: 10 pounds makes a big difference.

no one liked carrying the extra weight, but people do it all the time. wouldn't you like to drop that weight and stop picking up more? man: i think this is a lifechanger for me.

>> hello, everybody. fox news alert out of afghanistan. two u.s. service members were killed in insurgent attackings. this comes as defense secretary critizes the afghan president for an ungrateful attitude. more than 2000us troops have

been killed. oliver north will join us live from kabul. record high prices 4.31 for gallon. prices in the state are expected to go up several more days. october 6th. election day. and all tar political line up and author ann coult are and governor mike huckabee and michael reagan. join us for all that and much more coming your way. stay with us. >> grab a coat and your checkbook. it could be a cold and costly winter. new report said fracking and contaminated water. now, johnathon is worried that it will lead to a crack down

for fracking for natural gas. >> the reason that oil prices have gone up is because of technology like fracking. it saved american consumers cane billion last year and led to economic boom in north dakota that has a three percent unemployment rate because of the jobs created by that. fracking is safe over decades. if rights are harmed there are army of lawyers that address the grevance. any regulation on fracking hurts mankind and in the wallet. >> say fracking 10 times quickly. wayne, if the epa uses the example to go after natural gas over all is hagoing to hurt utility bills. >> of course it will. johnathon is wrong. you have to have rules and regulation . like a football game you can't

let them run bezerk. >> not what i am proposing. >> let me finish. letting people protect their drinking water. if you are infecting my drinking water you are infringing on my rights. rules should be enforced. >> let's look at the bigger picture. coming back to the energy policy they mentioned. syria and turkey are fighting oil goes up. we have so many international issues affecting our oil prices. obama administration destroyed the coal industry. and so many companies are turning to nat gas. see the price of nat das gas? it is going up. you know, where does it end not to mention we will have a wicked snowy winter. our prices are going up. >> you will want to high tail it back to britain. there is concern about utility

bills going up. >> absolutely. but you have to have stringent regulation about drinking water. frac suggest here to stay temperature is too important to the american economy but make sure it is safe . >> thank you for joining us . great thatto have you. >> coming up. moms and dads, be aware if your kids skip school you could land in the slammer . ess - from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade.

it's another reason more investors are saying... - ♪ 'cause people got me questioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a better life. >> it is time for what i need to know for next week? parents be aware. california threw a mother in prison for two little kids missed days from school . we need children advocacy out there. they need an education. >> if your kids don't go to school and you go to jail. >> 116 days is a lot of the missed days for missing the

alarm? >> cs technology. trading in a low pe and make hard drives and hard drives. it is growing in the administrate and a right price. >> johnathon in >> i think that government's manipulation of interest rates is explode i am looking at securities with higher rates. i like all of the floating rates funs . it is a fund that owns loans that float with short term interest rates. i own it >> you think interest rates will go up short term. >> i think short term and long term. those funds that benefit and it is time to play that trend. >> thank you very much. we want to give you a reminder about a special cost of freedom. hosting countdown to catastrophe and americanng